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Business

Investors claim Oracle misled them over OpenAI deal

A Michigan public pension fund claims Oracle had to increase its debt to meet commitments to OpenAI when the AI giant had its own shortfalls, without notifying investors of the risk.

Google search empire stuck with $4.7 billion fine after losing final Android appeal in Europe

The EU's big win is part of the bloc's blueprint for how to handle anticompetitive behavior by Big Tech.

Novartis stumbles in challenge to Missouri discounted drug mandate

The drug giant claimed the law violated the dormant commerce clause by discriminating against interstate commerce.

Kroger buying regional grocer and pharmacy retailer Giant Eagle in deal valued at $1.65 billion

The companies anticipate having to divest a limited number of Giant Eagle stores in order to receive the necessary regulatory clearance for the transaction.

EU issues new steel and e-commerce regulations to reduce trade imbalance with China

China’s annual global trade surplus reached a near-record $1.2 trillion last year.

Swedish court orders Google pay nearly $2 billion for favoring its price comparisons

Pricerunner filed its suit following a European Union General Court ruling that the tech giant breached EU antitrust laws.

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